Patriot Petroleum Corp. Closes Non-Brokered Interim Financing of $160,000

PATRIOT PETROLEUM CORP. NEWS RELEASE 918-1030 West Georgia Street TSX Venture Exchange Vancouver, BC V6E 2Y3 Trading Symbol: PPC

NOT FOR DISSEMINATION IN THE UNITED STATES OR OVER THE UNITED STATES NEWSWIRE SERVICES.

PATRIOT PETROLEUM CORP. CLOSES NON-BROKERED INTERIM FINANCING OF $160,000

April 3, 2012 – Vancouver, British Columbia. Patriot Petroleum Corp. (the “Company”) announces that it has completed its previously announced non-brokered interim financing of 1,000,000 common shares (the “Shares”) at a price of CAD $0.16 for gross proceeds of CAD $160,000 (the “Offering”).

All Shares issued pursuant to the Offering are subject to a hold period of four months and one day after closing of the offering under applicable Canadian securities laws and the policies of the TSX Venture Exchange.

The Company did not pay any finders’ fees in connection with the Offering.

The proceeds of the Offering are intended to be used for working capital and acquisition expenses.

For further information, please contact Steve Bajic, President, at:

Telephone: (604) 628-5614 Facsimile: (604) 662-7950

This Press Release contains certain “forward-looking” statements and information relating to the Company that are based on the beliefs of the Company’s management as well as assumptions made by and information currently available to the Company’s management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitation, obtaining final TSX Venture Exchange approval for the private placement, as well as more general factors such as: competitive factors, general economic conditions, customer relations, relationships with vendors and strategic partners, the interest rate environment, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time events. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.